The Bears Are Back
Huge selling pressure seen with last weeks 300+ pip move. Previous trend line has been smashed on the daily charts. It is important to check the daily charts with this pair, as they respect support and resistance levels extremely well. Sells only from here for the next few weeks.
Fundamentally, the pound is becoming weaker due to breaking their rules for Brexit, and the surrounding news.
Please message me for help and advice on trading!:)
Fundamentally, the pound is becoming weaker due to breaking their rules for Brexit, and the surrounding news.
Please message me for help and advice on trading!:)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.